A debt sustainability analysis conducted by the government indicates that the country’s public debt is unsustainable, which requires intervention from the Bretton Wood institutions like the IMF to save the economy from being thrown out of gear.

Source: https://www.ghanaiantimes.com.gh/ghana-must-shed-off-its-debt-conundrum-66-years-after-independence/

But 16 years later, Nigeria’s public debt is crippling again, putting pressure on the government’s revenue and performance.

Source: https://newsdiaryonline.com/nigeria-a-nation-swimming-in-debt-by-kazeem-akintunde/

Clearly, we know that public debt is very high and this increase is not good for the country.

Source: https://punchng.com/ops-predicts-woes-as-national-debt-hits-n46tn/

Defending the jump, DMO explained that the major addition to the public debt stock was the inclusion of the N22.71tn securitised FGN’s Ways and Means Advances, which was reflected in domestic borrowings.

Source: https://punchng.com/domestic-borrowing-jumps-by-134-rises-to-n52tn/

Following the 44 percent kwacha devaluation, total public debt stock has increased from K10.6 trillion to K12.56 trillion with external debt accounting for 53 percent of the revised total debt stock.

Source: https://mwnation.com/narrowing-financing-gap-critical-says-imf/

It is also well balanced between public debt and bank loans.

Source: https://seekingalpha.com/article/4658320-atlas-copco-this-is-a-good-time-to-sell-the-stock?source=feed_all_articles

“Policies like the removal of subsidies to manage expenditure and the focus on revenue through the appointment of a Special Adviser to the President on Revenue were positive steps for public debt sustainability, ” Oniha said.

Source: https://guardian.ng/news/nigerias-public-debt-hits-n49-trillion/

Their public debt ratio to GDP increased.

Source: https://groundviews.org/2023/08/08/debt-restructuring-austerity-and-the-imf-a-panacea-or-an-exacerbation/

The validity of the public debt of the United States, authorized by law, including debts incurred for payments of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

Source: https://www.aei.org/social-cultural-and-constitutional-studies/about-that-constitutional-language-the-democrats-are-urging-on-the-president/

The World Bank says Malawi’s fiscal deficit is among the highest in Africa and a key driver of the country’s growing public debt, which analysts says is fast becoming unsustainable.

Source: https://mwnation.com/fiscal-deficit-too-high-world-bank/

This is due to the alarming rise in public debt, which signals risk to investors and triggers capital outflows and perpetual devaluation.

Source: https://allafrica.com/stories/202307010004.html

This time round, small businesses might not be so lucky as the Treasury prioritises cutting inflation and reducing public debt.

Source: https://www.dailymail.co.uk/money/markets/article-11829439/BUSINESS-LIVE-Wood-Group-rejects-takeover-Foxtons-edges-forecasts.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

To avoid economic regression into unsustainable debt levels, the rights groups pointed out that the government must prioritize transparency and accountability in managing the country's public debt.

Source: https://allafrica.com/stories/202304070106.html

Yes, the Zambian economy is facing some challenges, including a high level of public debt, low foreign exchange reserves, and a narrow export base.

Source: https://www.lusakatimes.com/2023/03/01/kwacha-depreciation-and-increase-in-oil-price-pushes-erb-increases-to-increase-fuel-pump-price/